Take the first step towards getting into your dream school.

The University of Chicago - Booth School of Business

Students Say

“The emphasis on [students] learning the basics rather than some predigested goo” along with “an unbeatable faculty” are “what make the University of Chicago’s Booth School of Business one of the best, especially in hard-core areas such as finance and accounting,” students tell us. A “rigorous quantitative program that compels students to think critically and analytically” is the hallmark of a Chicago Booth MBA, although students hasten to add that Booth also “emphasizes persuasion, communication, and negotiation skills.”

Deadlines

Other Admission Factors

SCHOOL TYPE AND ACCREDITATION

School Type

Private

AACSB-approved

Yes

Overall

Students Say

“The emphasis on [students] learning the basics rather than some predigested goo” along with “an unbeatable faculty” are “what make the University of Chicago’s Booth School of Business one of the best, especially in hard-core areas such as finance and accounting,” students tell us. A “rigorous quantitative program that compels students to think critically and analytically” is the hallmark of a Chicago Booth MBA, although students hasten to add that Booth also “emphasizes persuasion, communication, and negotiation skills.”

Chicago Booth offers a full-time, part-time evening, part-time weekend, and executive MBA program. All four tracks share “top-notch” faculty, wide-ranging academic options, and an approach that “doesn’t chase new trends in business but instead relies on teaching sound fundamentals that can then be applied to any situation.” The programs differ in some details; full-time students, for example, enjoy a student-enacted grade nondisclosure policy that creates a conducive environment for “teamwork and sharing of ideas.” Students must also complete the Leadership Exploration and Development (LEAD) program, which “provides analytic frameworks for leadership that are very helpful in determining the best way to use [one’s] strengths and where to improve.” Part-timers enjoy “great flexibility,” noting that “most classes have several sessions taught by the same professor during the same quarter, enabling students to make up class sessions if for some reason they cannot attend their normal session.” Booth’s weekend MBA and Executive MBAs have “students flying to Chicago from across the U.S. and world to attend classes,” which “connects a much broader and more diverse group of people than other MBA programs can.”

Chicago Booth’s faculty includes Nobel laureates and cutting-edge researchers “who also excel in the classroom.” One accounting student reports, “Both my corporate tax strategy professor and my M&A accounting professor consult for corporate and government clients, so they have intimate knowledge of how to apply what they teach in the real world.” Booth is best known for its faculty in finance, economics, and accounting, but students note that the school should work to “increase awareness of its excellence in marketing, entrepreneurship, and general management disciplines.” Many students also “do a one-term or full-year exchange program at a foreign business school,” and “these international career development opportunities are a big part of the experience for many Booth students.”

Sustainability

The Chicago Booth Student Energy Group provides career development and various event in the energy space.
http://www.boothenergy.org/
http://epic.uchicago.edu/

School's environmental commitment 1:

The Chicago Booth Student Energy Group provides career development and various event in the energy space.
http://www.boothenergy.org/

School's environmental commitment 2:

The Energy Policy Institute at Chicago (EPIC) is an interdisciplinary research and training institute of the University of Chicago's Booth School of Business and Harris School of Public Policy focused on the economic and social consequences of energy policies.
http://epic.uchicago.edu/

School's environmental commitment 3:

The University of Chicago offers various research and partnership groups.
http://sustainability.uchicago.edu/research/

Career overview

Career Rating

99

Average Starting Salary

$116,302

Finding Jobs & Internships

Source Of Full-Time Job Acceptances

77%

School Facilitiated

24%

Graduate Facilitated

Source Of Internship Acceptances

85%

School Facilitiated

15%

Graduate Facilitiated

Graduates Employed by Area of Practice

40%

Finance/Accounting

31%

Consulting

16%

General Management

11%

Marketing

2%

Operations/Logistics

Graduates Employed by Region

33%

Midwest

23%

Northeast

17%

International

16%

West

6%

Southwest

2%

Mid-Atlantic

2%

South

Job Function

Job Function

% of Grads Seeking Employment Who Accept Jobs w/in 3 Months

Median Salary

Mean Salary

Low Base Salary

High Base Salary

Finance / Accounting

40%

$100,000

$109,676

$70,000

$250,000

Consulting

31%

$135,000

$130,540

$44,400

$155,000

General Management

16%

$110,000

$106,176

$50,000

$180,000

Marketing / Sales

11%

$110,000

$110,855

$82,500

$135,000

Operations / Logistics

2%

$120,000

$115,714

$100,000

$120,000

Other

0%

Industries

Industries

% of Grads Seeking Employment Who Accept Jobs w/in 3 Months

Median Salary

Mean Salary

Low Base Salary

High Base Salary

Financial Services

35%

$100,000

$110,129

$80,000

$250,000

Consulting

31%

$135,000

$130,770

$44,400

$155,000

Technology

12%

$115,000

$115,875

$50,000

$160,000

Consumer Products

10%

$101,000

$101,222

$52,000

$135,000

Manufacturing

4%

$110,000

$109,251

$95,000

$139,000

Pharmaceutical / Biotechnology / Healthcare

3%

$112,500

$113,300

$75,000

$180,000

Non-profit

2%

Other

1%

$105,000

$105,625

$82,500

$130,000

Petroleum / Energy

1%

$110,000

$116,667

$110,000

$130,000

Media / Entertainment

1%

Real Estate

0%

Government

0%

Prominent Alumni

William Conway

Managing Director, The Carlyle Group

Brady Dougan

CEO Investment Banking, Credit Suisse

Gene Fama

Nobel Laureate

Satya Nadella

CEO, Microsoft

Sue Wagner

Co-Founder, BlackRock Financial Management

Dates

Financial Aid Statistics

Tuition Full-Time (per year)

Tuition (In-State)

$58,760

Tuition (Out-State)

$58,760

Fees (In-State)

$993

Fees (Out-State)

$993

Expenses per Academic Year

Estimated Room And Board On-Campus

$18,900

Estimated Room And Board Off-Campus

$18,900

Academic Expenses

$2,100

Student Body Profile

Total Enrollment

2,611

Foreign Countries Represented

83

Demographics

Campus Life

Students Say

“The social aspect of University of Chicago is often overlooked,” students in the full-time program tell us, reporting that “there are all kinds of opportunities to get together with other students in social or more formal settings, including school-sponsored happy hours, etc.” Although “MBAs here work as hard as students at any other b-school, we know how to have fun too.” One student writes, “If anything, there are too many programs and opportunities to be involved. You need to carefully consider them all to properly juggle [your] schedule.” And with “the great city of Chicago is at our doorstep,” students don’t have to look far to find a wide range of fun diversions.

The school is located on Chicago’s South Side in the Hyde Park neighborhood, which “is too often made out to be a scary place when, in fact, it’s not. There is a pretty unique mixture of socioeconomic groups here, so you can drive by a building with three poor families living in it and four blocks later be at a stop sign next to a million-dollar (or more) home. The fact is that it’s on the South Side of Chicago so people automatically say, ‘bad, scary neighborhood.’” Part-time students attend classes at the Gleacher Center, “a beautiful building” in downtown Chicago, just off the Magnificent Mile. For students whose activities keep them in the Hyde Park area, Booth’s Charles M. Harper Center boasts a “winter garden,” a “dramatic foyer in the center of the building” where “people can catch up, do work, or just relax for a moment.”